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The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
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Changes over time for: Section 67
Version Superseded: 01/11/2007
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Point in time view as at 06/04/2007. This version of this provision has been superseded.
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The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Section 67 is up to date with all changes known to be in force on or before 23 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Activities carried on in the course of a profession or non-investment businessU.K.
67.—(1) There is excluded from articles 21, 25(1) and (2)[F1, 25A], [F225B, 25C,] [F339A, 40] [F453][F5, 53A, 53B and 53C] any activity which—
(a)is carried on in the course of carrying on any profession or business which does not otherwise consist of [F6the carrying on of regulated activities in the United Kingdom]; and
(b)may reasonably be regarded as a necessary part of other services provided in the course of that profession or business.
(2) But the exclusion in paragraph (1) does not apply if the activity in question is remunerated separately from the other services.
[F7(3) This article is subject to article 4(4) and (4A).]
Textual Amendments
F1Word in art. 67(1) inserted (31.10.2004) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 1) Order 2003 (S.I. 2003/1475), arts. 1(3), 19(a)
F2Words in art. 67(1) inserted (6.11.2006 for specified purposes, 6.4.2007 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006 (S.I. 2006/2383), arts. 1(2), 20(a)
F3Words in art. 67 substituted (31.10.2004 for specified purposes, 14.1.2005 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2003 (S.I. 2003/1476), arts. 1(3), 10(2)
F4Words in art. 67(1) substituted (31.10.2004) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 1) Order 2003 (S.I. 2003/1475), arts. 1(3), 19(b)
F5Words in art. 67(1) substituted (6.11.2006 for specified purposes, 6.4.2007 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006 (S.I. 2006/2383), arts. 1(2), 20(b)
F6Words in art. 67(1)(a) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2001 (S.I. 2001/3544), arts. 1(a), 9
F7Art. 67(3) inserted (1.4.2007 for specified purposes) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment No. 3) Order 2006 (S.I. 2006/3384), arts. 1(2), 20
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